Nakano Sun Plaza, a 48-year old hotel and concert building in Tokyo’s Nakano ward, will be demolished in 2024 and replaced with a new mixed-use building by 2028. The 181 billion Yen (approx. 1.7 billion USD) project will include a 235-meter tall mixed-use office and residential tower with a concert hall and hotel on the lower floors.
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Major developer Mori Building has formed a partnership with Aman Resorts to create Aman-branded apartments on the upper floors of the Toranomon-Azabudai project currently under construction in central Tokyo.
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Togo Shrine will be redeveloping their 43-year old wedding and event building within the Shrine grounds next year.
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Nomura Real Estate Development and Asahi Kasei Realty & Residence have received official approval from Shibuya City Council for the formation of the redevelopment committee for the 56-year old Shuwa Aoyama Residence condominium.
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On June 30, the Tokyo Metropolitan Government approved the formation of the Toyomi District Town Redevelopment Committee. This committee has been established to create two 189-meter tall apartment towers in the Kachidoki and Toyomicho district on Tokyo Bay.
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One of Japan’s largest property companies is in the process of developing 600 ~ 700 billion Yen (approx. US$5.5 ~ 6.5 billion) in projects around the Marunouchi and Otemachi districts.
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Four developers are working towards a large-scale redevelopment that will see a 400-meter long, 30-story mixed-use building for the Nagoya Station area.
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Groundwork on the OMA-designed Toranomon Hills Station Tower in downtown Tokyo officially started on November 25. The high-rise forms part of Mori Building’s US$3.6 billion redevelopment project centered in Toranomon.
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Tokyu Land Corporation has been chosen to lead the Shirokane 1 Chome North-Central Redevelopment Project. This will see a 140-meter tall, 900-unit apartment tower built on the western side of Shirokane AER City.
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The 46-story Shibuya Scramble Square East Building officially opens today. At a height of 230 meters, this is now the tallest building in the Shibuya area.
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